Stargate repurchased 146,430 ZRO in February, bringing the total repurchased to 1,495,039 tokens, valued at approximately $3.14 million. Starting next month, 100% of the proceeds will be used for ZRO buybacks. The LayerZero Foundation has fully acquired Stargate, and the STG token can be exchanged for ZRO at a fixed rate.

Gate News bot message, $5.8 billion worth of tokens will be unlocked in March. The notable token unlocks include: $RAIN $338.02M, $ASTER $56.02M, $SUI $48.65M, $ZRO $45.45M, $STABLE $29.41M, $BARD $25.16M, $POWER $23.04M, $PUMP $19.07M, $RIVER $18.42M, and $STBL $16.97M.

BlockBeats News, February 27 — LayerZero Labs co-founder and CEO Bryan Pellegrino announced on social media, "As promised, all remaining DAO-held STG has been burned. The swap contract remains open to everyone. STG has now been renamed to ZRO."